Public sector authorities could be paying more than they should to equity investors who are charging more than they should to offset risk in projects funded by way of the private finance initiative (PFI), the Government's spending watchdog has warned....

OPINION: Building contractors should be busy revising their standard contracts to make sure that they are not about to be on the hook for costs caused by the health and safety lapses of another company.

The Construction Act will now apply to oral as well as written construction contracts in England, Wales and Scotland The change will affect the use of letters of intent and contracts based on standard terms and conditions which are supplemented by oral...